House Asks Fed to Test US Banks for China War Fallout | China In Focus
Nations across the globe are bracing for possible war. In the United States, lawmakers gearing up with a record pay raise for soldiers and a stress-test for banks over war risks. Plus, a report hints at a hypothetical clash between the United States and China in 2030. Elsewhere, Japan, the UK, and Italy are signing off on a new weapons deal, surveillance data is being shared among U.S. Asia allies, and the Philippines is preparing against potential Chinese hostility. What's sparking the global surge in military readiness?
